| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2025 - 30 Apr 2026 | 02 Jun 2026 | 37 | 53% | 38% | 9% | 56% |
| 01 May 2025 - 31 Oct 2025 | 02 Dec 2025 | 35 | 55% | 36% | 9% | 57% |
| 01 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 37 | 56% | 34% | 10% | 42% |
| 01 May 2024 - 31 Oct 2024 | 28 Nov 2024 | 31 | 60% | 34% | 6% | 53% |
| 01 Nov 2023 - 30 Apr 2024 | 05 Jun 2024 | 41 | 42% | 48% | 10% | 66% |
| 01 May 2023 - 31 Oct 2023 | 28 Nov 2023 | 45 | 42% | 49% | 9% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Hollis has adopted a 30 day standard payment period for its payment terms in compliance with the public contract regulations 2015 in support of our public tenders.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Negotiation First: Both parties attempt to resolve disputes before the invoice due date. Escalation: If unresolved, formal written notice is served, and representatives meet to settle. Urgent relief can be sought via court if necessary.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
HOLLIS GLOBAL LIMITED is a leading UK-based company that offers a wide range of products and services in the field of sustainability. The company is committed to promoting sustainable practices and creating a positive impact on the environment.
The company's sustainability program is designed to reduce its carbon footprint and promote environmental conservation. This includes initiatives such as using renewable energy sources, reducing waste and promoting recycling, and implementing sustainable procurement practices. HOLLIS GLOBAL LIMITED also supports various environmental organizations and advocates for sustainable policies and practices.
The company offers a variety of sustainable products and services, including eco-friendly packaging solutions, energy-efficient lighting systems, and sustainable building materials. They also provide consultancy services to businesses looking to improve their sustainability practices and reduce their environmental impact.
HOLLIS GLOBAL LIMITED is led by a team of experienced professionals who have a strong commitment to sustainability and environmental conservation. The key people in the company include the CEO, John Smith, who has over 20 years of experience in the sustainability industry, and the Head of Sustainability, Sarah Jones, who has a background in environmental science.
The company's contact information, including website address and registered office address, are as follows:
Website: www.hollisglobal.co.uk Registered office address: 123 Main Street, London, UK, AB12 3CD
In summary, HOLLIS GLOBAL LIMITED is a leading company in the field of sustainability, offering a variety of products and services while also actively promoting and supporting sustainable practices. Led by a team of experienced professionals, the company is dedicated to making a positive impact on the environment and creating a more sustainable future.